Finance

“HSBC Updates Palm Oil Policy” – Chain Reaction Research – February 21, 2017

On February 21, 2017 Chain Reaction Research reported that HSBC had substantially strengthened its policies regarding investment in the palm oil industry.  Its new policies are in line with the No Deforestation, No Peat, No Exploitation (NDPE) guidelines.  Also, HSBC will join the Banking Environment Initiative and the Tropical Forest Alliance. You may read more […]

“Shareholder revolt called against Franklin Templeton” – Financial Times – February 12, 2017

On February 12, 2017 the Financial Times reported that Pensions & Investment Research Consultants Ltd (PIRC), the UK independent corporate governance and shareholder advisory, has advised shareholders to vote against the executive pay package at US fund company Franklin Templeton.  PIRC labels executive compensation at Franklin Templeton “excessive.”  In a report, PIRC also recommends that […]